Applications Open for Chairman of Nepal Insurance Authority

Kathmandu – The Ministry of Finance, Government of Nepal, has announced the opening of applications for the position of Chairman of the Board of Directors of the Nepal Insurance Authority. The appointment will be made through an open competition...


Nepal Rastra Bank Mandates National ID Cards for Opening Bank Accounts

Kathmandu – Nepal Rastra Bank (NRB) has issued a directive requiring national identity cards for opening new bank accounts, effective from Magh 1, 2081 (January 14, 2025). The central bank announced the decision through a circular on Thursday, outlining...


National Life Insurance Organizes Advanced Training to Agents and Marketing Staffs in Kolkata

Kathmandu – National Life Insurance Company Ltd. successfully organized a specialized training program for its agents and marketing staff in Kolkata, in collaboration with the Insurance Institute of India, College of Insurance. The initiative aimed to enhance the skills...


SuryaJyoti Life Insurance Shares Now Available for Sale at Rs. 159 Each

Kathmandu – NIC Asia Bank Limited has announced the sale of 893,825 shares of SuryaJyoti Life Insurance Company Limited, at a minimum price of Rs 159 per share. These shares were previously reserved for promoter shareholders, but now they...


Insurance Awareness Program Held in Sabhapokhari Rural Municipality

Kathmandu – A discussion and interaction program on the importance of insurance, organized by the Nepal Insurance Authority, was held in Sabhapokhari Rural Municipality, Sankhuwasabha district, with the aim of raising awareness about the necessity of insurance for local...


Nepal Insurance Authority Introduces Pig Insurance Policy

Kathmandu – The Nepal Insurance Authority has taken a significant step in expanding its insurance offerings with the introduction of a pig-specific insurance policy. The decision, which was issued on Poush 4 (December 19, 2024), marks a shift from...


NAFIJ Insures Rs 165 Million Group Accident Coverage for Members

Kathmandu – The Nepal Association of  Financial Journalists (NAFIJ) has taken a historic step to ensure the safety and well-being of its members by providing group accident insurance worth Rs 165 million. This initiative covers 235 NAFIJ members and...


Rastriya Beema Company Concludes AGM; Shareholders Raise Concerns Over Reinsurance

Kathmandu – The second annual general meeting of the government-owned Rastriya Beema Company Limited was held at Anmol Catering Services Pvt. Ltd., Shankhamul, Kathmandu today, where shareholders raised critical concerns over the company’s financial management and practices. A significant...


Empowering Women in Insurance Sector: The Success Story of Namita Neupane

Kathmandu – Among the rising stars in Nepal’s insurance sector, Namita Neupane, Agency Manager at Sanima Reliance Life, stands out for her remarkable achievements. With years of experience in both business and social service, Neupane has earned a respected...


Four Candidates Shortlisted for Rastriya Jeevan Beema Company CEO Position

Kathmandu – Rastriya Jeevan Beema Company Limited has shortlisted four candidates for the position of Chief Executive Officer (CEO). The selection process follows the failure of the initial recruitment drive, prompting the company to reissue the advertisement on November...